Spotify Technology SA
NYSE:SPOT

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Spotify Technology SA Logo
Spotify Technology SA
NYSE:SPOT
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Price: 560.97 USD 0.68% Market Closed
Market Cap: 115.5B USD
Section:
 

Relative Value

The Relative Value of one SPOT stock under the Base Case scenario is hidden USD. Compared to the current market price of 560.97 USD, Spotify Technology SA is hidden .

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SPOT Relative Value
HIDDEN
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Worst Case
Base Case
Best Case

Valuation Multiples

5.9
P/S
P/S
Price to Sales
5.9
vs History
23
vs Industry
11
Median 3Y
3.9
Median 5Y
4.1
Industry
1.5
Forward
5.6
More Details
70.5
P/E
P/E
Price to Earnings
70.5
vs History
33
vs Industry
5
Median 3Y
-27.8
Median 5Y
-44.3
Industry
17.3
Forward
89.5
More Details
33.5
P/OCF
P/OCF
Price to OCF
33.5
vs History
98
vs Industry
7
Median 3Y
51.8
Median 5Y
70.8
Industry
11.2
More Details
35.2
P/FCFE
P/FCFE
Price to FCFE
35.2
vs History
65
vs Industry
9
Median 3Y
44.1
Median 5Y
44.1
Industry
15.5
More Details
12.7
P/B
P/B
Price to Book Value
12.7
vs History
69
vs Industry
2
Median 3Y
14.7
Median 5Y
14.7
Industry
1.8
More Details
5.4
EV/S
EV/S
Enterprise Value to Sales
5.4
vs History
25
vs Industry
12
Median 3Y
3.7
Median 5Y
4
Industry
1.6
Forward
5.1
More Details
16.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
16.9
vs History
36
vs Industry
8
Median 3Y
13.9
Median 5Y
14.7
Industry
3.6
More Details
43.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
43.5
vs History
61
vs Industry
5
Median 3Y
54
Median 5Y
57.2
Industry
8.9
Forward
39.7
More Details
45.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
45.8
vs History
42
vs Industry
5
Median 3Y
-19.2
Median 5Y
-29.1
Industry
12.7
Forward
43.3
More Details
30.6
EV/OCF
EV/OCF
Enterprise Value to OCF
30.6
vs History
98
vs Industry
8
Median 3Y
49.5
Median 5Y
64.1
Industry
10.8
More Details
31
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
31
vs History
98
vs Industry
9
Median 3Y
49.8
Median 5Y
75.4
Industry
12.8
More Details
20.4
EV/IC
EV/IC
Enterprise Value to IC
20.4
vs History
20
vs Industry
1
Median 3Y
13.8
Median 5Y
10.9
Industry
1.4
More Details

Multiples Across Competitors

SPOT Competitors Multiples
Spotify Technology SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
Spotify Technology SA
NYSE:SPOT
115.4B USD 5.9 70.5 43.5 45.8
US
Netflix Inc
NASDAQ:NFLX
437.4B USD 10.1 41.9 15.4 35
US
Walt Disney Co
NYSE:DIS
192.1B USD 2 15.5 11.6 16
US
Warner Bros Discovery Inc
NASDAQ:WBD
60.8B USD 1.6 125.3 4.6 51.5
NL
Universal Music Group NV
AEX:UMG
39.9B EUR 2.6 7.1 8.4 8.4
US
TKO Group Holdings Inc
NYSE:TKO
39.2B USD 9 171.3 29 41.5
US
Live Nation Entertainment Inc
NYSE:LYV
32.4B USD 1.3 100.7 16.5 24.3
CN
Tencent Music Entertainment Group
NYSE:TME
28.8B USD 6.4 18.9 19.7 19.7
FR
Bollore SE
PAR:BOL
13B EUR 8.4 -7.6 -12 -11.5
US
Warner Music Group Corp
NASDAQ:WMG
14.6B USD 2.2 40.4 14.1 19.8
US
Roku Inc
NASDAQ:ROKU
14B USD 3.1 -504.9 -146.2 -105.4
P/E Multiple
Earnings Growth PEG
LU
Spotify Technology SA
NYSE:SPOT
Average P/E: 65.7
70.5
41%
1.7
US
Netflix Inc
NASDAQ:NFLX
41.9
24%
1.7
US
Walt Disney Co
NYSE:DIS
15.5
6%
2.6
US
Warner Bros Discovery Inc
NASDAQ:WBD
125.3
N/A N/A
NL
Universal Music Group NV
AEX:UMG
7.1
3%
2.4
US
TKO Group Holdings Inc
NYSE:TKO
171.3
423%
0.4
US
Live Nation Entertainment Inc
NYSE:LYV
100.7
11%
9.2
CN
Tencent Music Entertainment Group
NYSE:TME
18.9
23%
0.8
FR
Bollore SE
PAR:BOL
Negative Multiple: -7.6
-39%
N/A
US
Warner Music Group Corp
NASDAQ:WMG
40.4
40%
1
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -504.9 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
LU
Spotify Technology SA
NYSE:SPOT
Average EV/EBITDA: 18.1
43.5
39%
1.1
US
Netflix Inc
NASDAQ:NFLX
15.4
-8%
N/A
US
Walt Disney Co
NYSE:DIS
11.6
9%
1.3
US
Warner Bros Discovery Inc
NASDAQ:WBD
4.6
-25%
N/A
NL
Universal Music Group NV
AEX:UMG
8.4
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
29
27%
1.1
US
Live Nation Entertainment Inc
NYSE:LYV
16.5
20%
0.8
CN
Tencent Music Entertainment Group
NYSE:TME
19.7
24%
0.8
FR
Bollore SE
PAR:BOL
Negative Multiple: -12 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
14.1
14%
1
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -146.2 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
LU
Spotify Technology SA
NYSE:SPOT
Average EV/EBIT: 29.1
45.8
40%
1.1
US
Netflix Inc
NASDAQ:NFLX
35
24%
1.5
US
Walt Disney Co
NYSE:DIS
16
18%
0.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
51.5
46%
1.1
NL
Universal Music Group NV
AEX:UMG
8.4
17%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
41.5
35%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
24.3
19%
1.3
CN
Tencent Music Entertainment Group
NYSE:TME
19.7
25%
0.8
FR
Bollore SE
PAR:BOL
Negative Multiple: -11.5 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
19.8
17%
1.2
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -105.4 N/A N/A

See Also

Summary
SPOT intrinsic value, competitors valuation, and company profile.
DCF Valuation
SPOT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SPOT stock valuation using valuation multiples.
Wall Street Estimates
SPOT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SPOT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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